Gabon’s oil-dependent economy reels from Covid-19
27 October 2020 |
6:00 am
Since April, Gabon has been under a health state of emergency. The Central African country is facing a major economic hit as a result of Covid-19 lockdown measures and the fall in oil prices. The scars from this unprecedented crisis could remain on Port-Gentil, its oil capital, for a while. Businesses, shops, transport, tourism and other sectors in the country's economic hub are all struggling. Port Gentil has lost millions of euros over the last six months and is relying on public investment to survive. Our team reports.
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